P/E ratio for Kerry Logistics Network (0636.HK)
P/E ratio at the end of 2021: 4.31
According to Kerry Logistics Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.98511. At the end of 2021 the company had a P/E ratio of 4.31.
P/E ratio history for Kerry Logistics Network from 2013 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.31 | -58.6% |
| 2020 | 10.4 | 71.2% |
| 2019 | 6.08 | -24.57% |
| 2018 | 8.06 | -9.08% |
| 2017 | 8.86 | 1.36% |
| 2016 | 8.74 | -15.63% |
| 2015 | 10.4 | -15.99% |
| 2014 | 12.3 | 58.51% |
| 2013 | 7.78 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.